Cotton On Group part-owner Ash Hardwick and his wife, Samantha, have offloaded their St Kilda West pad that’s anything but fast fashion.
The director and shareholder of the major international retail brand — which includes Cotton On, Cotton On Kids, Cotton Body, Factorie, Typo and Supre — racked up a sale price in the middle of the $8m-$8.8m range for 335 Beaconsfield Parade.
Kay & Burton South Yarra agent Andrew Sahhar could not comment on the undisclosed price, but said the buyers were relocating from Sydney so “did want to be near the water”.
“Being so close to the beach was a major drawcard,” he said.
“They were originally looking in that Albert Park, Middle Park area and were just attracted to the offering of this house: the size of the property, being opposite the beach and it was fully renovated so they can move straight in without doing any work.”
Mr Hardwick previously told Property Confidential he bought the block in 2006 when it hosted two buildings being used as bed and breakfast accommodation called Robinson’s By the Sea, undertaking extensive renovations in 2011 to create the modern dream behind the heritage facade.
His wife, who has previously worked for the Cotton On brand, loved the big double doors at the back of the house that “allow for such great flow inside and outside” and found it hard to say goodbye to the home where they had their two children, Jack and Charlie.
The family were renovating their new house in Geelong, where the Cotton On Group headquarters were located, she said when the property was listed.
Cotton On Group started in Geelong, where Mr Hardwick’s cousin, Nigel Austin, launched the first stores in 1991. While the company has expanded to 18 countries across the world, its main global support centre still remains in the family’s hometown.
The four-bedroom waterfront beauty’s highlights include a large wine cellar, marble kitchen with three ovens, ultimate home office with a marble mantelpiece, sprawling sophisticated living spaces and a pool.
CoreLogic records show the property previously sold for $2.2m in 2006.
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